Iran has awarded the development of an offshore oil field that state-owned Oil and Natural Gas Corporation had abandoned as commercially unviable, to a domestic company.ONGC Videsh Ltd and its......
India on Monday lost the ONGC Videsh Ltd-discovered Farzad-B gas field in the Persian Gulf after Iran awarded a contract for developing the giant gas field to a local company. "The National......
Both crude benchmarks are now down around 20 per cent since their last peak in June Oil prices fell to their lowest levels since April on Friday, with Brent on track for its biggest monthly loss......
Iran's growing proximity to China may have also played a part, report Shine Jacob and Megha Manchanda. IMAGE: Iranian President Hassan Rouhani inaugurates the first phase of Chabahar port in the......
ONGC Videsh Ltd, the overseas arm ofOil and Natural Gas Corporation, has begun drilling for oil in Farshi offshore block of Iran."Well BB-4 was spud by rig Kedarnath on April 28," a company......